Seadrill has won a three-year extension for its 'West Janus' jack-up rig in Malaysia. Its worth is 164 million dollars.
The operations would begin in the third quarter of 2008.
Seadrill is a Norwegian-Bermuda offshore drilling company with operations in Brunei, the Republic of Congo, Indonesia, Malaysia, Nigeria, Norway, Thailand and the United Kingdom. The company operates Semi-submersibles, Jack ups, Tender rigs, Semi Tenders and Drillships. The company is domiciled in Bermuda and is listed on Oslo Stock Exchange. Operational headquarter is situated in Stavanger, Norway. Other major company locations are found in Singapore, Houston and Aberdeen. John Fredriksen has a major ownership in the company.
The head of Russian Technologies, Sergei Chemezov, clarified the fate of anti-aircraft guided missiles that Russia was supposed to deliver to China
The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13